Under Contract

High-Volume Well-Established Cold Stone Creamery Coon Rapids, MN – Riverdale Village!

YTD Sales Up 8% Over 2022

Coon Rapids, MN

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Food Type: Ice Cream/Frozen Yogurt/Gelato, Smoothies

Service Type: Fast Food

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $229,000

Gross Sales: $583,593

Net Operating Income: $89,361

Monthly Rent: $5,470

Lease Expiration: 12/2026

Lease Options: (Contact For)

Year Established: 2003

Owner Operated: Yes

Seller Financing: Yes

Summary:

Offering the best tasting, made-to-order ice cream! Churned in-store fresh daily using only the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Also, dairy-free sorbet. Plus, a new plant based almond milk product. Every creation made-to-order available in cups, cones, waffle bowls and shakes, plus mix & go. Every option for everyone, all served in a fun and friendly atmosphere.

As well as sundaes and smoothies along with pre-packed quarts and party packs. In addition to the richest ice cream cakes, cupcakes and cookie sandwiches for takeout or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom and photo cakes, plus signature pies.

Cold Stone is the nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety and choice-what customers want! With seemingly endless combinations of mix-ins, allows customers to dream up their own ice cream treat or choose from their wildly popular Signature Creations. Never prepackaged or shipped in, it's the freshness factor that sets them apart. Better because made fresh every day in every store, puts them in a class of their own. Industry experts categorize Cold Stone as "Super Premium." An artisanal ice cream churned fresh on-site with high standards for taste, consistency and texture.

Well established location for over 21 years. Owner operated - looking to retire. 2023 YTD sales up 8% over 2022!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Business Website: https://www.coldstonecreamery.com

Competition:

Ice cream is America's favorite dessert. And Cold Stone is the ultimate ice cream experience, beloved by millions of customers. Enjoys incredible household name recognition & loyalty. A truly remarkable brand w/proven staying power!

Ranked #1 in Category. Ranked in the Top 50 Beloved Brands, “Consumer Pick” & “1st Place for Craveability”-Nation's Restaurant News. Ranked in the Top 200 Countries Best Franchises-Franchise Times. Ranked in the Top 100 Global Franchises In The World-Franchise Direct. Ranked in the Top 50-Entrepreneur Franchise 500.

Growth and Expansion:

1st store opened in 1988, began franchising in 1994. After 30 yrs, this iconic brand continues to thrive & grow. Currently operating more than 1,000 locations in the US & hundreds internationally.

And Cold Stone continues to expand co-branded partnerships & create new flavors to increase sales. Is also committed to innovation, offering special themed products to celebrate each season, holiday & big blockbuster movie. Also has the highest avg unit sales volume of any ice cream concept. Plus, it's easy-to-run using only state-of-the-art equipment.

Location:

Prime corner retail space in Riverdale Village, a 788,000 sqft busy outdoor lifestyle center with many popular shops, restaurants and services.

Along with Best Buy, Carter’s, Dick’s Sporting Goods, Famous Footwear, Jo-Ann Fabrics, Kirkland’s, Kohl’s, Old Navy, PetSmart, Planet Fitness, Schneiderman’s Furniture, Sierra, TJ Maxx, Walgreens and so much more.

As well as many sought-after eating & drinking establishments including Boston’s Pizza, Buffalo Wild Wings, Chick-fil-A, Chipotle, Esmeralda’s Mexican Restaurant, Jersey Mike’s, Jimmy John’s, Noodles & Company, Osaka Sushi & Hibachi, Panera Bread, TGI Fridays and more.

The place to come together to shop, dine and unwind. Also, boasts a playground, expansive walking paths and a relaxing pond. Plus, is shadow anchored by Costco. Also, in close proximity to Target, Home Depot, Lowe’s, Menards and Walmart.

Perfectly situated just off US-10, the primary interstate that runs through the Minneapolis/St. Paul metropolitan area and Main St, the primary E-W thoroughfare connecting to the communities in the east and Round Lake Blvd, the primary N-S thoroughfare connecting to the communities in the north.

County: Coon Rapids

Facilities:

Lease Information: Leased space $5,470/mth gross. Current lease expires Dec 2026.

Square Feet: 1,890.

Seating: 8 Inside (And Outdoor Seating On The Shared Patio Overlooking The Pond).

Days/Hrs of Operation: Daily 11a-9:30p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $250,000).

Value of Inventory: $5,000 (Not Included In Asking Price).

Number of Employees: 1 Full-Time & 10 Part-Time.

Support/Training: 80 hours at an approved training store, plus 5 days online corporate training.

Seller Financing Available: Possibly, to a well-qualified buyer with a minimum of $50,000 down.

Reason for Selling: Retiring.

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